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Re: king oil post# 77376

Monday, 10/25/2010 9:14:46 PM

Monday, October 25, 2010 9:14:46 PM

Post# of 103308
I based the 70% applying to the 3B on the following statement:

"Insider Ownership: Management owns approximately 70% of the Company's equity securities on a fully diluted basis"

For what it is worth, & I don't base much on this, but Google Finance shows the outstanding shares at 300.09M. Feel free to draw your own conclusions. I'm an enginerd, not a trader guy.

Regardless, I'm just a little guy in this pond, but bigger than I was in Wal-Mart, back when I had some of that. wink

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